Intimation regarding revision in credit rating.
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Awaiting price reaction for this filing.
Infomerics Valuation and Rating Limited has upgraded Shri Gang Industries' credit rating on its long-term bank facilities from IVR BBB-/Stable to IVR BBB/Stable, effective December 12, 2025. The rating action covers bank facilities worth Rs. 26.90 crore, which has been enhanced from the previous limit of Rs. 22.90 crore. BBB is an investment-grade rating indicating moderate safety on timely debt servicing, with the stable outlook suggesting the agency sees no near-term pressure on this view. The upgrade signals improved lender confidence in the company's creditworthiness and financial profile.
Positive for shareholders — the rating upgrade, combined with an enhanced borrowing limit of Rs. 26.90 crore (up Rs. 4 crore), could lower future borrowing costs and improve access to funds. The stock may see mild positive sentiment, though this is a small-cap company and the impact on share price is likely modest.